The impact of short selling on market efficiency
This article studies how short-sale constraints affect price efficiency in Brazilian stocks. The study uses a data set with all equity loan deals done in Brazil between January 2009 and July 2011. The main findings are the mapping of efficiency stock characteristics (i.e. stocks with more liquidity,...
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| Format: | Others |
| Language: | en |
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Biblioteca Digitais de Teses e Dissertações da USP
2015
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| Online Access: | http://www.teses.usp.br/teses/disponiveis/12/12138/tde-11032016-153615/ |